2. • India has been globally recognized for its fast paced
development. The service sector has been growing
at a fast pace and now contributes more than 50%
to the GDP
• Propelled by the increasing demand for consultancy
services, both for domestic and foreign firms, the
consulting sector in India to grow at an annual rate
of 30 per cent, progressing rapidly towards
becoming a Rs23,000-crore industry by 2013..
• Presently (2012), the consulting industry in India
reportedly stands at Rs19,000 crore in which Indian
consulting companies have strong capabilities in
areas like civil engineering, telecom, power,
metallurgy, chemical and computer software
3. Largest concentration of consultancy
organisations is in the four metropolitan
cities:
1. Delhi (25.7%) has the highest number of
consultancy organisation among four
metropolitan cities followed by,
2. Mumbai (25.5%),
3. Chennai (12.1%) and
4. Calcutta (9.1%).
4.
5.
6. • It's an industry in which differentiation is
very difficult because of its inherent
homogeneity.
• The reputation commons problem for
consulting is that there is a reputation for
the industry in total, and the survival of all
firms depends on it. Is consulting a good or
bad thing in the public's mind? No firm has a
mandate to protect that reputation because
it's a collective resource.
7.
8. Consulting is the business of providing advice to firms in trouble, on the
move, or trying to do what they do better, faster, and more cheaply. It is one
of the fastest growing industries in today's corporate world and one of the
most popular career choices for new MBA's.
Job Titles
Research Assistant, Research Associate, Analyst, Business Analyst,
Research Analyst, Associate Consultant
Qualifications need to get into consulting industry
record of academic achievement presentation skills
problem solving skills ability to cultivate
relationships
logical reasoning energy/stamina pattern of
leadership
business acumen quantitative and statistical
skills
team orientation facility with computer
software
9. New graduate recruits
carrying out research and data collection;
conducting analysis;
interviewing client’s employees,
management team and other stakeholders;
running focus groups and facilitating
workshops;
preparing business proposals/presentations;
spending the majority of time at the client's
site.
10. More experienced and senior consultants
identifying issues and forming hypotheses;
formulating and implementing
recommendations/solutions;
ensuring the client receives the assistance
needed to implement the
recommendations/solutions;
managing projects and programmes;
leading and managing those within the team,
including analysts;
larger leadership role in the management of
client relationships.